Nomura (NYSE:NMR) Raised to “Buy” at StockNews.com

Nomura (NYSE:NMRGet Free Report) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Wednesday.

A number of other research analysts have also weighed in on NMR. Bank of America assumed coverage on Nomura in a research report on Tuesday, October 22nd. They set a “neutral” rating for the company. JPMorgan Chase & Co. assumed coverage on shares of Nomura in a report on Thursday, August 29th. They issued a “neutral” rating for the company.

Get Our Latest Stock Report on NMR

Nomura Trading Down 2.0 %

Shares of Nomura stock opened at $6.00 on Wednesday. The firm has a market cap of $17.81 billion, a price-to-earnings ratio of 10.16, a PEG ratio of 0.45 and a beta of 0.64. The business has a 50-day moving average price of $5.67 and a 200-day moving average price of $5.71. The company has a quick ratio of 1.11, a current ratio of 1.11 and a debt-to-equity ratio of 7.19. Nomura has a twelve month low of $4.23 and a twelve month high of $6.62.

Institutional Trading of Nomura

Several institutional investors have recently added to or reduced their stakes in NMR. Wilmington Savings Fund Society FSB purchased a new position in shares of Nomura during the third quarter worth approximately $25,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Nomura during the second quarter worth approximately $34,000. Sage Mountain Advisors LLC purchased a new position in shares of Nomura during the second quarter worth approximately $59,000. SYM FINANCIAL Corp purchased a new position in shares of Nomura during the second quarter worth approximately $59,000. Finally, Catalytic Wealth RIA LLC purchased a new position in shares of Nomura during the third quarter worth approximately $59,000. Institutional investors own 15.14% of the company’s stock.

Nomura Company Profile

(Get Free Report)

Nomura Holdings, Inc provides various financial services to individuals, corporations, financial institutions, governments, and governmental agencies worldwide. It operates through three segments: Retail, Investment Management, and Wholesale. The Retail segment offers various financial products and investment consultation services.

Further Reading

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